How to make passive income with mining Ethereum 2.0

The Ethereum blockchain has undergone a major overhaul that changed the way Ethereum is created and validated, making Ethereum no longer mineable. But that doesn’t mean you’ve lost your chance to benefit from the servicing of this rapidly growing blockchain network.

What is Ethereum Staking and how does it work?

Staking is depositing 32 ETH to activate the validation software. As a collector, you are responsible for storing data, processing transactions, and adding new blocks to the blockchain. This keeps Ethereum safe for everyone and you earn new ETH in the process.

On the other hand, not all users can mine the significant amount of 32 ETH required to mine Ethereum 2.0. Next wind shard in by offering all the necessary tools and solutions to make Ethereum 2.0 mining accessible to everyone.

How profitable is Ethereum 2.0 with Windstake?

Basically staking your ETH will earn you an annual percentage return (APY) on your stake tokens. ETH on-chain staking returns are currently around 4% APY.

APY may vary by provider and hardware

By investing in energy-efficient hardware, consumers and businesses can expect long-term cost savings on their electricity and gas bills, making Ethereum 2.0 staking more profitable.

Here at Windstake, clients generate 3-10% monthly depending on the plan they choose.

There are three ways to get involved in Ethereum wind include: individual stacks, stack pools, or windstake staking service

1) Individual bets on Ethereum

Individual betting on Ethereum is the gold standard for betting. It offers full participation rewards, improves network decentralization, and never requires you to trust your capital from anyone else.

Those considering solo betting should have at least 32 ETH and a dedicated computer connected to the internet (receiving pool) ~24/7.

2) Windstake ETH involved as a service

If you don’t want or can’t mess with hardware but still want to stake your 32 ETH, staking-as-a-service options allow you to delegate the hard part while earning native block rewards.

These options usually walk you through creating a set of collector credentials, uploading your signing keys and depositing your 32 ETH. This allows the service to validate for you.

This deployment method requires a certain level of trust in the provider. To limit counterparty risk, the keys to withdraw your ETH usually remain in your possession.

3) Pooled wind bets

There are now some pooled solutions to support users who don’t have 32 ETH or don’t feel comfortable using it.

Many of these options include something called a “liquid staking,” which uses an ERC-20 liquidity token that represents the ETH in question.

Liquid stacking allows easy exit at any time, making stacking as easy as token swapping. This option also allows users to keep their funds in their own Ethereum wallet.

This option is also useful for independent decisions as withdrawals from the pooled amount are determined solely by the customer. It doesn’t matter if the bet amount is 10 Ethereum or 0.5, the withdrawals can be made in the same way as independent decisions without any participation of the other shareholders.

Windstake platform

Windstake is an infrastructure DeFi platform that offers products and tools to generate revenue from digital assets.

mission

The mission of the Windstake DeFi platform is to provide users with simple, secure, reliable and efficient tools to manage digital assets and develop their ecosystem around the world.

The Windstake DeFi Platform product structure consists of the following services:

Cloud mining: Cloud mining with Windstake DeFi Platform offers the opportunity to rent real equipment capacity for BTC mining at one of the lowest commission rates, as well as competitive electricity value and no tax burdens. This is possible because the Windstake DeFi Platform is located in a free economic zone with special tax conditions.

Staking: Windstake staking allows users to store their funds in a wallet to earn rewards. This tool makes it easy for users to judge their potential winners without having to do any difficult tasks or transactions. With this tool, users can maximize their profits and minimize their risks.

Read here more about Windstake

How to start Ethereum 2.0 on Windstake?

Easy start for beginners and intermediates, just visit the official website: Winstake

Select the plan and follow the instructions.

The smallest ETH staking plan starts at 0.0011 BTC – $35, for more information on plans and pricing visit our website: plans

Cryptocurrencies are a highly volatile, unregulated investment product. Your capital is at risk.